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Ground Floor Office In Town Centre Location, 170 St Michael Street, Dumfries, DG1 2PR

not specified / Offices

Sold - Last updated: 24 February 2021

Superb Town Centre Location

Car Park Adjacent

Established Commercial & Residential Area

Ground Floor Unit

Held on F.R.I. Lease

Tenant: Key Housing Association

Rolling Month To Month

Passing Rent: £XXXp.a.

In-Situ Since April 2010

Price: Offers Invited

 

Location

 

The property is located on the north side of St Michael Street, close to its junction with Shakespeare Street within an established commercial and residential area of Dumfries town centre.

 

Dumfries is the largest town in Dumfries and Galloway with a resident population of c. 37,500 and is Southern Scotland’s main shopping and commerce centre approximately 75 miles south of Glasgow via the M74 motorway network and the A75 trunk road.

 

Neighbouring occupiers include Audrey Morrow Hair Design, Taste of Bengal Restaurant, Premier Convenience Store, Queen of the South Bar and Robert Burns House along with a large number of residential dwellings.

 

Property

 

The property comprises a ground floor office unit set within a larger 2 storey mixed use development of traditional sandstone construction surmounted by a pitched roof with dormer windows, overlaid in slate.

 

The property benefits from a front facing window and main entrance door of UPVC glazed construction. Internally the property is fitted out by the tenant for their requirements and use as an office space, with tea prep area, w.c facility and an open plan layout.

 

Area

 

The subjects have been measured on a net internal area basis to extend to the following floor area;

 

Ground: 34sqm (366sq ft)

 

NAV/RV

 

The subjects have been entered onto the valuation roll with the following NAV/RV

 

£XXX

 

Executive Summary

 

Tenant: Key Housing Association

Term: Rolling Month - Month

Passing Rent: £XXXp.a.

Further: The tenant has been in situ since 8th of April 2010.

 

Price

 

Offers are invited for our clients freehold interest

 

V.A.T

 

Figures quoted are exclusive of V.A.T

 

Lease & Title

 

Available on Request

 

Legal

 

Each party shall bear their own legal costs incurred in the transaction


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